Develop business aptitude skills - Assignment Example

Develop Business Aptitude Skills INTRODUCTION Establishing an effective business networking has long been witnessed to ensure adequate opportunities for the entrepreneurs to build a productive relationship with different commercial institutions and potential clients. In relation to the concept of business networking, the process can be termed as a practice of building mutual and beneficial relationships with different business organizations along with potential customers within a particular marketplace (Wickham & Wickham 3-78).

Keeping with the fundamental aspects of business networking processes, the primary aim of this report is to critically justify the evidences of a successful and effective business networking approach. In this regard, the report would be focused on determining the significance of developing an effective business network through the use of networking techniques which can facilitate to clearly communicate the services to the potential clients. Moreover, the business networking plan would further ensure to incorporate other peer business organizations and encourage them to act as a referral for the start up organization to the potential clients. 2. SUPPORTING EVIDENCES DEMOSTRATING THE EFFECTIVENES OF BUSINESS NETWORK An effective business networking process includes a range of attributes that are highly essential for the entrepreneurs to build long-term relationships with clients and other business enterprises as well.

In relation to the evolving scenario of the contemporary business environment, an effective business network should facilitate to establish a strong relationship with the community which can be generated from maintaining adequate compliance with strong regulatory processes, bestowing unyielding commitment along with upholding quality practices (Wickham & Wickham 3-78). Establishing Relationship with the Community Building relationship with the community can be regarded as a primary step which can ensure adequate opportunity to the business organization for promoting its various business related services.

In this context, the practices would be focused on promoting mutual benefits for both business and community. Additionally, adopting adequate community developmental measures would also enable to shape effective relationships with the community. Establishing relationship with the community would further facilitate the business network to widely practice its various business activities within a particular marketplace (Wickham & Wickham 3-78). Relationship with the Similar Business Owners An effective relationship with the similar business owners would also enable the business network to develop the practices as well as the performances within the respective business environment.

The relationship with the other business owners can be developed through offering mutual benefit which can aid to build a strong relationship with the other business owners. Moreover, promoting the products or services of the partner organizations would facilitate to derive adequate cooperation of the other business owners within the business networking process (Gwinnett Network, “Develop Your Business Networking Skills”). 3. ADDRESSING THE MOST EFFECTIVE NETWORKING TECHNIQUES In relation to the present day context, there are numerous techniques through which an entrepreneur can build effective business network.

A few of the major techniques of business networking have been briefly highlighted in the following discussion. Building Trust and Reputation Building trust or empowering reputation can be regarded as one of the major techniques for an organization in terms of building its effective networking process. In this context, the depiction of adequate integrity as well as honesty of helping partners and/or developing community can support the organization to build trust and reputation within a specific marketplace (Gwinnett Network, “Develop Your Business Networking Skills”).

Seeking Relevant Business Owners and Partners The continuous process of integrating new business owners and partners across different marketplaces can also enable the business network to develop its functions and competence to achieve its desired business objectives. Therefore, the proposed business networking plan would be focused on emphasizing community and trade grouping wherein the community members and business owners can mutually take decisions for their beneficial interests (Delaney 13-68). 4. DEVELOPING NETWORK AMONG POTENTIAL CLIENTS The adequate incorporation of potential clients within the business network would also ensure to provide crucial insights to the organizations while practicing networking activities.

In relation to the competitive business environment, developing and/or maintaining a strong relationship with the clients is the primary step for the entrepreneurs for developing business network. With regard to developing network among the potential clients, the process of community grouping would enable to efficiently perform various business services within a particular marketplace. Additionally, aligning business operations with the needs and the desires of the community would also enable the business organization to strongly perform and achieve its desired business objectives (Wickham & Wickham 3-78). 5. PLAN TO NETWORK AMONG PEERS AND OTHER BUSINESS OWNERS In order to strengthen the business networking process, the integration of the similar business enterprises along with other ventures would further offer adequate support to achieve the desired goals of the organization.

In this regard, the adequate cooperation with the business performances conducted by the similar organizations would enable to build strong identity within the respective field. Moreover, promoting and emphasizing the practices of the peer organizations would facilitate to obtain significant support for the organization to develop its capability in a particular business environment. In the similar context, providing adequate assistance and cooperative steps towards the other business organizations would enable to acquire a large number of potential clients.

Therefore, the business networking process would also focus on denoting clients to other business enterprises which would help the network to gain a similar outcome from the other groups of institutions (Delaney 13-68). 6. CONCLUSION With regard to the concept of business networking, it can be stated that the process considerably provides adequate opportunity to the entrepreneurs for increasing their efficiency in any respective industry. Moreover, an effective business networking process tends to offer pertinent opportunities as it significantly helps to strengthen referral backgrounds along with facilitating to upgrade the involvement with different types of enterprises and communities within a particular market.

In relation to the proposed business networking plan, the adequate cooperation as well as involvement with various similar along with diverse organizations would enable the start-up organization to build a strong network within a particular marketplace. Moreover, the techniques such as social, enterprise and academic grouping related activities would further facilitate the organization to strengthen its referral background and enhance the capabilities within a specific business market. Works Cited Delaney, Dave.

New Business Networking: How to Effectively Grow Your Business Network Using Online and Offline Methods. The United States of America: Que Publishing, 2013. Print. “Develop Your Business Networking Skills.” Networking Articles. Gwinnett Network, 2013. Web. 03 Sep. 2013. . Wickham, Philip & Louise Wickham. Management Consulting: Delivering an Effective project. England: Prentice Hall, 2008. Print.